Cairn India sells stake, raises $1.6 billion
SME Times News Bureau | 15 Oct, 2009
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| Rajasthan crude oil fields operator Cairn India on Thursday said it had sold a 2.3 percent stake to Malaysian oil major Petronas and raised $1.6 billion through domestic and overseas channels to repay an existing debt and fund further investment needs.. |
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Coal production up 9.9 percent in first half
SME Times News Bureau | 14 Oct, 2009
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| India's coal production in the first half this fiscal was 184.4 million tonnes, against 167.8 million tonnes produced in the corresponding period last year, reflecting a 9.9 percent growth.. |
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Steel Authority sales up 14 percent
SME Times News Bureau | 09 Oct, 2009
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| State-run Steel Authority of India Ltd (SAIL) on Thursday said it registered sales of over 3 million tonnes in the second quarter this fiscal, a growth of 14 percent.. |
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Steel export to fall by 35% in FY10: CMIE
SME Times News Bureau | 26 Aug, 2009
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| India's export of steel will fall by a whopping 35 percent to 3.2 million tonnes during the current fiscal buoyed by healthy domestic demand, Centre for Monitoring Indian Economy (CMIE) said on Thursday.. |
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